The Covid-19 pandemic put a damper on a lot of progress over the last three years, but for financial inclusion it was a catalyst that drove a large increase in digital payments amid the global expansion of formal financial services. This expansion created new economic opportunities, narrowing the gender gap in account ownership, and building households’
Tag: Services
Consumers are targeted by new types of scams and fraud as digitalization and innovations in the financial markets boom. © Tyler Olson/Shutterstock The cascade of crises facing consumers, from COVID-19 to food and energy price shocks due to the war in Ukraine and climate change, puts billions of people in a vulnerable situation. The digital
Digitalization is the name of the game for modern businesses, so more companies require financial services. As a forward-thinking business leader, you may already be using online financial services or “fintech.” However, catching up on the trends is not enough. You want to ensure your company has the best setup for online financial services. Otherwise,
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Legislation to enhance the competitiveness of UK financial services and unlock growth and investment across the UK was introduced to Parliament today (20th July). The Financial Services and Markets Bill repeals hundreds of pieces of EU retained law to enable a coherent, agile and internationally respected regime that works in the interests of the British
Consumer brands like Home Depot, Playstation, and Coach will generate millions in revenue and … [+] strengthen customer loyalty through embedded finance strategies. (Photo by Brad Barket/Getty Images ) Getty Images OBSERVATIONS FROM THE FINTECH SNARK TANK Embedded finance has become a popular topic in the banking and retail industries. What is it? Embedded finance
SUMMIT, N.J., July 7, 2022 /PRNewswire/ — The Simplicity Group (“Simplicity”) today announced that it has entered into a definitive agreement to acquire LifePro Financial Services, Inc. (“LifePro”), a San Diego-based financial products distribution business serving independent financial professionals across the country with a range of financial planning and sales and marketing supports. The agreement
Placeholder while article actions load The U.S. Chamber of Commerce is not happy with the Consumer Financial Protection Bureau, and it wants you to know it. On Tuesday, the Chamber launched what it describes as “an extensive campaign to expose and defeat” the agenda of the agency tasked with protecting Americans from the predations of
The breakdown of regulatory co-operation between the UK and EU over financial services has become “collateral damage” in the dispute over the Northern Irish protocol, according to peers. The House of Lords committee looking at how Brexit is hitting the City of London raised concerns on Thursday about the lack of a functioning framework for